Create a System If you have a child with special needs, you need a system in place. This allows your designated individual to follow the system you have created. Create a document with important personal information. This includes full names, social security numbers,...
Articles
How Proposed IRS Regulations Regarding Section 1031 Exchanges May Affect You Now and In the Near Future
Depending on the outcome of the upcoming presidential election, real property investors may lose the valuable benefit of capital gains deferral permitted under IRS Code Section 1031. This article explores how Section 1031 is utilized today, and what may happen to...
COVID-19 and Guests: The Campus Dilemma
The late 19th Century American novelist E.W. Howe once remarked: “[t]o be an ideal guest, stay at home.” How completely prophetic! Ironically, E.W. Howe’s life coincided with the Spanish flu epidemic. However, this quote likely references that guests can sometimes...
Election 2020 Estate Tax Implications: Putting Contingency Plans in Place
Election day 2020 is just around the corner. As we know all too well, trying to predict election results can be an exercise in futility. Estate planning clients need their trusted advisors to timely counsel them on how the election may impact their legacy planning....
Amazon Found Not Liable for Personal Injury by Ohio Supreme Court
In an earlier article, we wrote about a decision by the California Fourth District Court of Appeals holding Amazon liable for a personal injury claim caused by a defective replacement laptop battery. In that case, the California Court found Amazon strictly liable for...
Consumer Report Alleges Amazon Marketplace Price Gouging
As the COVID-19 pandemic swept the country in the spring, consumer demand shifted. While grocery store shelves became barren, consumers looked to e-commerce marketplaces to purchase essential items such as personal protective equipment, necessary household items and...
What Is a CMBS Loan and Is It the Right Loan for Your Real Estate Investment?
Because of their unique terms, CMBS loans can be an attractive option for certain borrowers. But because their structures are more complex than traditional loans, it is important to understand the upside, and potential downside, of choosing to take one out when...
Don’t Let Your Startup Become a Start Over
There were almost 31 million small businesses in the United States in 2019. Entrepreneurs know that starting a business is full of difficult decisions, such as assessing the need for legal counsel. Startups can fear getting attorneys involved because attorneys look to...
COVID Travel Shaming: 99 Problems and a Beach IS One
Remember when you couldn’t contain your excitement over sharing plans for your upcoming vacation with coworkers and friends? Or the thrill of posting travel highlights on social media – and making everyone a little jealous? Adios, beaches. My, how the tides have...
Top Four Asset Protection Strategies
A common question from clients is: how do I protect my assets, usually from a lawsuit? My answer: Get liability insurance Max out your retirement accounts Compartmentalize assets through LLCs Create an asset protection trust The key to asset protection is that you...